FilingReader Intelligence

Davangere Sugar plans expansion, raises ₹14.9bn via rights issue

August 19, 2025 at 05:59 PM UTCBy FilingReader AI

Davangere Sugar Company Limited reported FY25 revenue of ₹21,498.53 lakhs and profit of ₹1,083.11 lakhs, with ethanol production reaching 1.73 crore litres.

The company plans to expand ethanol capacity to 85 KLPD by 2025, increase sugarcane cultivation by 15,000 acres, and set up a 35 TPD CO2 plant.

A rights issue of up to ₹14,921.80 lakhs is planned to reduce debt and fund the expansion initiatives.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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